AT&T Will Not Bid On Vodafone, For Now

AT&T has officially told U.K. regulators that it is not interested in making a bid for Vodafone at this time. The company was forced to clarify its position after speculation suggested the company was prepared to make an offer for the U.K.-based operator. AT&T cannot make a bid on the company for six months unless Vodafone asks it to, or a third company makes an offer for Vodafone. AT&T has expressed interested in expanding overseas, and Vodafone was seen as a compelling target.